BUSINESS RECOVERY SERVICES

If you’re experiencing difficult times within your business, don’t worry, our team of experts are here to help.

BUSINESS RESCUE IS ALWAYS THE FIRST OPTION

As corporate rescue specialists, the SKS group has extensive experience in the area of business recovery, helping firms through the traumas of severe financial difficulties.

We understand the strain business difficulties can have on you and your family, so we’re on hand to help you however we can, with the goal of getting your business back to where it belongs.

How We Can Help

Being a solution driven company, if at all feasible the SKS group always begin by searching for positive ways forward to effect a turnaround of the beleaguered business using the following primary tools. You can find out more by clicking on each option below:

Businesses facing trading difficulties may effect a recovery by commissioning an Independent Business Review upon which a business plan can then be constructed. In many cases a review from SKSi at an early stage allows relatively small pragmatic changes to be made that allow an otherwise healthy business to continue to trade and prosper.

Administration is a true corporate rescue process aimed at saving the company itself. But if a company cannot be saved, Administration may also be used to produce a better outcome for the creditors than Liquidation.

A CVA is a deal offered to creditors where they are asked to accept a proportion of their debt in final satisfaction. A CVA can be proposed without the company first going into Administration (known as a “stand-alone” CVA), although this is relatively unusual. Administration is often used to provide time and protection from creditor action whilst a CVA proposal is put together.

 

Voluntary Liquidation is the legal process used when a company’s directors themselves decide to wind-up a company’s affairs. Unlike Compulsory Liquidation, neither the Courts nor the Official Receiver are generally involved in placing a company into Voluntary Liquidation.

FIND YOUR LOCAL OFFICE

We have offices all over the UK. Click below to find yours.

Testimonials

“Very well organised and knowledgeable regarding our property letting business. I have already recommended friends to SKS Bailey and will continue to do so because in this business one size hat doesn’t fit all and a bespoke model can be adopted when consulted. Excellent.”
Mark Alldersea
Mark AllderseaHousing Freedom/ Alldersea Building Contracts
“The service provided by the SKS Bailey Group I have always found to be professional, efficient and friendly. They respond to my questions very promptly and thoroughly, and often go above and beyond in the level of service they provide to their clients.”
Carl Forman
Carl FormanFor-Ward Planning Consultancy Limited
“SKS Bailey Group provide wide ranging knowledge and expertise on all matters concerning tax, property and succession planning. I would highly recommend their service.”
Claire Payne
Claire PayneMaximum Property LLP
“Brilliant professional service delivered by friendly helpful staff, I would and will highly recommend to friends and colleagues.”
David Ede
David EdeBlackhall RAFA Association treasurer
“I have used SKS Bailey for many years now for my business accounts, payroll, and personal taxation. I have always been satisfied with their service and wouldn't hesitate to recommend them.”
Christopher Watson
Christopher WatsonExecutive Mortgage Solutions
“SKS Bailey Group have always provided a very good and efficient service for our business always there when we need them and we are very Happy working with them.”
Philip Walsh
Philip WalshPhilip & Martin Walsh
“SKS Bailey Group provide a very professional service very efficiently and the staff are very pleasant to deal with.”
Stephen Barley
Stephen BarleyMechelec Associates
“We have worked with the Bailey Group for a number of years with our group of companies. They really understand our tax planning needs, true property experts and very much helped with our relocation to Monaco. Highly recommended.”
Paul Smith
Paul SmithTouchstone Education
“Stapleton consultants , have pleasure in giving testament to SKS Bailey Group in providing services that are essential to allow the business to run smoothly, knowing the financial accounts are in safe hands.”
John Palmer
John PalmerStapleton Consultants Ltd
“High quality, long lasting service, always very pleased. Above and beyond what is required.”
Stephen Grigg
Stephen GriggScunthorpe
“They provide excellent service, are friendly very professional and make me as a customer feel valued.”
Margaret Eadsforth
Margaret EadsforthPrivate Client
“SKS Bailey have a strong insight into property tax matters and capital allowances. They are very knowledgable.”
Paul Smith
Paul SmithBurnden Park Ltd/LLP
“My wife and I have been using the services of SKS Bailey Group and its previous company for 5 years. We have been delighted with their service and reliability, particularly their accountancy department and associated services.”
Richard Blass
Richard BlassBlass Family Partnership LLP
"All the staff i've dealt with have exceeded expectation. Always dealt with enquiries etc on the day and never had any problems contacting the person i've needed to speak to. Great service!"
Neil Mackechnie
Neil MackechnieWingate Farm Services Limited
"As a total novice to self employment Bailey Group provided the support and confidence essential to making the right decisions and financial judgements."
Brian Chape
Brian ChapeChape Support Services
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